Quote:
Originally Posted by TheRitsman
Assessment value doesn't matter too much because property taxes are done on a proportional basis. It doesn't matter that the $600,000 property is assessed at $150,000 so long as the $1m property is assessed at $250,000.
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my point was that the lower city has increased a lot faster since 2016 than the mountian has - a $150k property in 2016 has gone up to $600k, a 300% increase, while the typical suburban house has probably gone from $400k to $800-900k - "only" a 150% increase.